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Business, 20.11.2020 17:00 bhale5406

The general ledger of AXM, Inc., provides the following information relating to purchases of merchandise. End of Year Beginning of Year Inventory $852,000 $780,000 Accounts payable to merchandise suppliers 454,000 500,000 The company's cost of goods sold during the year was $2,160,000. Compute the amount of cash payments made during the year to suppliers of merchandise.

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